Fleet Management

Contract Hire

Exclusive to business users, the contract hire payment plan allows you to lease vehicles rather than own them. This way, drivers don’t need to be concerned about residual values or selling the vehicle when the finance term is up.

A contract hire agreement from Audi Finance can run over one, two, three or four years and if you’re VAT registered a proportion of the rentals may be tax deductible.

To find out more, please contact your local Swansway Audi Centre at Blackburn, Carlisle, Crewe, Preston, Stoke-On-Trent or Stafford.

Basics

This quick video outlines the basics of Audi Contract Hire

Company Car Tax

This quick video outlines how to calculate your company car’s P11D value, which is used by HMRC for tax purposes.

Benefit in kind (BIK) tax

If you drive a company car you’ll be liable for benefit in kind or BIK tax. Watch the video to find out how to calculate your BIK tax rate.Text here ...

Calculating private fuel

Company car drivers who get free fuel for private use have to pay tax. This video explains private fuel allowance liabilities.